US market: foreclosures on the rise, still.

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Foreclosures Rose 7% in July.

Foreclosure activity jumped 7 percent in July from June and 32 percent from a year earlier, as one in every 355 households with a loan got a foreclosure filing, RealtyTrac said.

According to RealtyTrac, more than 360,000 households received foreclosure-related notices in July. Banks also seized 87,000 homes last month, up from 79,000 in June.